Refining

American Midstream has announced a significant incremental increase of storage capacity at its Harvey terminal.

World demand for lubricants is projected to rise 2.0% annually to 45.4 million t in 2019, according to a new Freedonia report.

According to P&S Market Research, the global biorefinery market is expected to grow with 14% CAGR between 2015 and 2020.

The energy component of the S&P Goldman Sachs Commodity Index (GSCI) fell 41% from the start of 2015.

NF Energy signs new supply contract with Huadong Power Design Institutes to provide flow control equipment.

Spectra Energy Corp shut down the Platte Pipeline as a precaution due to flooding on the Mississippi river.

Planned maintenance on HollyFrontier’s El Dorado and Cheyenne distillate hydrotreating units, and the Tulsa West crude and lubricants units, is complete.

Enterprise Products Partners L.P has announced that the partnership has increased the loading rate at its liquefied petroleum gas export terminal on the Houston Ship Channel.

SGOCO Group Ltd. has announced its acquisition of Boca International Ltd.

Promoters of Essar Oil Limited have completed the largest privatisation in Indian corporate history with the delisting of Essar Oil Limited at a market valuation of INR 38 000 crore equivalent to US$5.75 billion.

Arc Logistics Partners LP has entered into an agreement to acquire four refined products terminals from Gulf Oil Ltd Partnership.

Research and Markets has released a report on the global compressor oil market from 2015 to 2019.

Research and Markets: Global turbomachinery market outlook for the oil and gas industry – growth, trends and forecasts (2015 - 2020).

Total is launching a ‘Plant 4.0’ corporate incubator to support deployment of digital technologies in its industrial activities.

World oil demand growth of 1.2 million bpd is forecast in 2016, as first signs of a slowdown appear, according to the IEA Oil Market Report.